Another Monday and another vaccine headline. This one from Moderna, where according to their press release, their vaccine is 94.5 percent effective. This bests last week’s vaccine headline from Pfizer, where theirs was “only” 90 percent effective. Yes, Pfizer’ press release also came out for the Monday trading session. There are still several other pharmaceutical companies attempting to create a vaccine, so we might see this every Monday from now until perhaps the end of the year. These companies appear to be on a rotation when it comes to their vaccine announcements. We shall see. Nonetheless, the news catapulted US equities to new all-time highs and carried global stocks up as well. So despite having tens of millions of Americans out of work, collecting unemployment, in line at food banks, and facing evictions, we also have a stock market that is making new all-time highs. This is clearly a first world banana republic. And serves as further evidence of our moral, political, social, and economic decay and decline as a nation. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Jobs #Vaccine #Bailouts #Debt #Recession #Depression #Gold #Silver #Liberty #Revolution
A very fitting title for today’s podcast as we digest further the national debt, national deficit, State and local debt, and household debt. With over $25T and growing, will this national debt ever be paid back and if so, how? Will it take the form of inflation, stagflation, hyperinflation, default, and/or some combination thereof? These are serious questions that have serious consequences. The American people need to wake up to the fact that the US economy is a Ponzi scheme – especially at the government level. Broken promises, whether that being Social Security, government and/or corporate pensions, Medicare, etc… These are huge price tags and it places an ever-increasing burden on younger and future generations and taxpayers – making this by default a Ponzi scheme. Why? Because the scheme relies upon new entrants/taxpayers/investors to come into the system to support earlier contributors. The Kapital News is of the mindset that the government in conjunction with the Federal Reserve are well aware of this and thus explains their insane response to printing and spending. These institutions know the fragility of the system. They know it is a Ponzi scheme and thus they are implementing such policies to the tune of several trillion dollars because they have to keep this fraudulent system alive. Otherwise the masses will awaken to such fraud and demand real change. So that old American dream of getting an education, a solid job with a pension and/or retirement plan, buying a house, starting a family, and hoping your kids have it better than you did – well, that dream is getting awfully expensive and is looking more and more like a nightmare. And the price tag just keeps going up!
The global protests that we witnessed well before COVID19, are starting back up and we imagine they’ll be even more intense. Be on the lookout for civil war(s), government overthrows, and war(s) amongst nations. We stated for months that these protests were not transitory, but rather history in the making. And we ain’t seen nothing yet! Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Jobs #Debt #Bailouts #Recession #USA #Depression #Protests #Oil #Gold
A modern day Bay of Pigs on our hands in Venezuela? Criss-crossing messages from the DoD and State Department with their “intelligence” assessments surrounding the genesis of COVID19. And Israel vowing to continue to bomb targets in Syria until Iran leaves. These are just a few of the items on the agenda during today’s podcast. After all, never let a good crisis go to waste.
In Venezuela, two former US special forces operators have been arrested by the Maduro regime during what they are referring to as a plot to overthrow the Venezuelan government. The US government denies any and all involvement with the matter. However, a private security firm in the US has taken responsibility and the company’s founder has claimed those arrested are “his men.” Venezuela has been a hot spot for US saber rattling over the last couple of years. Recall, just a few months ago during the President’s State of the Union Address, that Juan Guiado, was an honored guest of the President’s. Guiado is the opposition leader in Venezuela, who is also recognized by the US, UK, and several South American countries as the “real” President of Venezuela. Questions remain as to how this matter will be treated with respect to an American response to get these men back into the United States. Questions also remain as to how the Maduro regime will handle the situation. It’s these “little” skirmishes that can turn into something much larger – let us pray this does not happen.
A case of good cop-bad cop? When it comes to intelligence assessments and talking points around the genesis of COVID19, it would appear that the US government is working two different messages. On one hand, we have the broader intelligence community in addition to the Defense Department stating that the US does not know where the COVID19 pandemic actually started – meaning in a wet market in China, a lab, what have you. Yet according to General Mark Milley, Chairman of the Joint Chiefs of Staff, the virus appears to not have been man-made. This is in stark contrast to the recent comments made by Secretary of State, Mike Pompeo, where he insists that there is strong intelligence that the virus was made in a lab in China. Regardless of which may prove to be the case, it appears that the US government continues to plays its games of misinforming and dis-informing the American public. Reminiscent of so many other instances – such as the lead up to the invasion of Iraq.
We conclude the podcast with a discussion of Israel’s defense forces regarding their Syrian operations, African locusts updates, and the German Supreme Court’s ruling on actions undertaken by the European Central Bank (ECB), and what this may mean for the European Union. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #War #Peace #USA #Venezuela #Debt #EU #Recession #Gold #COVID19
Another down day on Wall Street, which begs the question, is reality sinking in? Time will tell, but it’s too early to say. Disappointing US PMI numbers on both the services and manufacturing fronts help keep pressure to the downside. In addition, COVID19 does not appear to be slowing down any and the WHO stated today that the window to prevent a global pandemic is narrowing. We have been warning about all of this for weeks, if not months, especially regarding the economic figures. We also discuss the Cass Freight Index for the month of January and some of the politics of the 2020 Presidential campaign. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Coronavirus #Recession #EndTheFed #Gold #Silver #Oil #Politics #USA
We continue our analysis of Deutsche Bank’s list of market concerns for 2020. We also briefly continue our discussion on Boeing and how they are now being sued by an Irish firm for lost revenue. We imagine that this trend of lawsuits will continue. Recall that pilots from Southwest Airlines are party to a lawsuit against Boeing as well for lost wages. FedEx reported earnings this evening and once again gave lower guidance and noted a disconnect between the stock market and the global economy. This acts as further proof that the stock market is driven by printing funny money and $1 trillion deficits, and not on fundamental economic growth. Stay diversified, stay vigilant, and stay with The Kapital News. #Economy #Recession #EndTheFed #Politics #Impeachment #Debt #Congress #Republic #Truth #Justice #Peace
A big day on Capitol Hill with the testimony of Ambassador Gordon Sondland. Perhaps the most damning day against President Donald J Trump as Amb Sondland makes the connection between the President and withholding a Ukrainian visit to the White House and foreign aid – in what Amd Sondland calls a quid pro quo. Both political parties were caught off guard as to what Amb Sondland was going to testify to. His opening statement was lengthy and detailed and highlighted the motivations of the President, which was inconsistent with what the President and the Republicans have been arguing. The Republicans were completely stunned and dumbfounded following the opening statement, which was evidenced by the poor questioning from both Ranking Member, Devin Nunes, and minority Counsel Castor. However, following the break and when individual members of the committee were able to ask questions, the Republicans were able to create a defense for the President. This is like splitting hairs in our opinion, but nevertheless, it was a defense. It was also made known that on 9 September, a phone call between President Trump and Amb Sondland, the President allegedly claims that he wants no quid pro quo and that all he wants is for President Zelensky to do what he’s supposed to do and fight corruption. The timing is highly suspect as 9 September is the same day that it is made known that there is a whistleblower complaint. The next day, 10 September, former National Security Advisor, John Bolton resigns. The next day, 11 September, the Ukrainian foreign aid is released. Is this all just a coincidence? We think not.
Furthermore, the Republican defense now seems to be, unless someone can step forward with video or taped audio evidence/confession of President Trump clearly ordering a bribe – then the President is innocent. This is such a weak argument on so many levels, we’re not even going to waste our time explaining it. In addition, Amb Sondland implicates a number of other officials, such as VP Mike Pence, Secretary of Energy, Rick Perry, Acting Chief of Staff, Mick Mulvaney, Secretary of State, Mike Pompeo, former National Security Advisor, John Bolton, and President Trump’s personal attorney, Rudy Giuliani. The Republicans have been complaining about a lack of firsthand witnesses – fair enough. Then they should be calling for the President to allow these individuals to testify and for various agencies and departments to release documents that can shed light on this whole issue. The Kapital News is not interested in the partisan atacks and arguments. We are interested in truth and justice. We do not care who is named and implicated. The sake and health of our Republic is at stake and the truth is needed now more than ever. The divisive partisanship has to cease or the collapse of our Republic will be near inevitable. Stay diversified, stay vigilant, and stay with The Kapital News. #Truth #Justice #Peace #Impeachment #TradeWar #Politics #Recession #Economy #Protetsts #EndTheFed